Fact sheet: Renasset Eastern European

Fund information

Fund name
Renasset Eastern European AA GBP
Fund company manager
Mori Capital Management
Fund type
SIB
Fund manager(s)
Aziz Unan
since 01/01/2015
Fund objective
The Fund seeks long-term capital appreciation through investments primarily in a portfolio of Eastern European securities. The manager uses a bottom-up approach to incorporate both stock and sector views. The manager’s stockpicking style is a combination of proprietary valuation models, target prices, stock market capitalisation, liquidity and his view on the management’s quality. Please note that A Euro shares are closed to new subscriptions.
Benchmark
MSCI EM Europe 10/40
Investment style
Growth
Investment method
Shares

Quick stats

1 Year return

19.1 %

1 Year rank in sector

19/28

Sector

FO Equity - Emerging Europe

Yield
-
Fund size

£ 86.3 m

FE Risk score

150

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Russia
    46.9%
  • Turkey
    27.8%
  • Poland
    13.2%
  • Greece
    4.9%
  • Czech Republic
    3.1%
  • Financials
    31.2%
  • Energy
    20.7%
  • Materials
    11.2%
  • Consumer Staples
    10.4%
  • Industrials
    10.2%
  • Russian Equities
    46.9%
  • Turkish Equities
    27.8%
  • Polish Equities
    13.2%
  • Greek Equities
    4.9%
  • Czech Republic Equities
    3.1%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.81 %13.18 %19.1 %28.65 %9.75 %
Sector0.1 %9.08 %21.48 %17.43 %5.21 %
Rank within sector25 / 286 / 2819 / 286 / 2814 / 28
Quartile th4 th1 st3 rd1 st2 nd

Calendar performance

YTD-20172016201520142013
Fund13.31 %46.69 %-7.24 %-28.49 %-5.63 %
Sector11.77 %22.68 %-3.06 %-22.02 %-2.16 %
Rank within sector13 / 282 / 2824 / 2823 / 2826 / 28
Quartile th2 nd1 st4 th4 th4 th

Risk statistics

Alpha3.74
Beta1.04
Sharpe0.18
Volatility19.53
Tracking error10.83
Information ratio0.3
R-Squared0.7

Price movement

52 week high10.09
52 week low7.77
Current bid price0
Current offer price0
Current mid price9.79

Holdings by region

  • 46.9% Russia
  • 27.8% Turkey
  • 13.2% Poland
  • 4.9% Greece
  • 3.1% Czech Republic
  • 2% Money Market
  • 1.7% Ukraine
  • 0.4% Kazakhstan

Holdings by sector

  • 31.2% Financials
  • 20.7% Energy
  • 11.2% Materials
  • 10.4% Consumer Staples
  • 10.2% Industrials
  • 4.9% Telecommunications
  • 2.9% Consumer Discretionary
  • 2.3% Real Estate
  • 2% Cash & Cash Equivalents
  • 2% Others

Holdings by asset type

  • 46.9% Russian Equities
  • 27.8% Turkish Equities
  • 13.2% Polish Equities
  • 4.9% Greek Equities
  • 3.1% Czech Republic Equities
  • 2% Money Market
  • 1.7% European Emerging Equities
  • 0.4% Kazakhstani Equities

Individual holdings

  • 8.3% SBERBANK OF RUSSIA
  • 6.4% LUKOIL PJSC
  • 5% POWSZECHNY ZAKLAD UBEZPIECZEN SA
  • 4.6% GAZPROM OAO
  • 4.5% POWSZECHNA KASA OSZCZED BK POLSKI
  • 4.1% TURKIYE VAKIFLAR BANKASI TAO
  • 4% HALKBANK SKOPJE
  • 3.5% MAGNIT PJSC
  • 2.5% TATNEFTEPROM
  • 2.4% KOZA